EDM industry news
- Simon of the Playa
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- Simon of the Playa
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Re: EDM industry news
"A review of SFX’s finances and its recent disclosures reveals that the company and its founder are under immense financial pressure.
Last week, Beatport, a SFX subsidiary that streams EDM music delayed second quarter accounts payable, citing Sillerman’s tender, only to then backtrack and make payments. Sillerman called the move embarrassing and regrettable and FORBES has confirmed Beatport did make payments this week.
Second quarter earnings, released on Monday, underscore how SFX continues to burn through tens of millions in cash a quarter and simply cannot meet financial targets provided to investors. After raising hundreds of millions of dollars in a 2013 initial public offering and then issuing nearly $300 million in debt in subsequent years, SFX is down to its last dime."
BTW....i told you so...
Last week, Beatport, a SFX subsidiary that streams EDM music delayed second quarter accounts payable, citing Sillerman’s tender, only to then backtrack and make payments. Sillerman called the move embarrassing and regrettable and FORBES has confirmed Beatport did make payments this week.
Second quarter earnings, released on Monday, underscore how SFX continues to burn through tens of millions in cash a quarter and simply cannot meet financial targets provided to investors. After raising hundreds of millions of dollars in a 2013 initial public offering and then issuing nearly $300 million in debt in subsequent years, SFX is down to its last dime."
BTW....i told you so...
Frida Be You & Me
- Simon of the Playa
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- some seeing eye
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Re: EDM industry news
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FUCK YOU, I'M A WIZARD. FUCK YOU, I'M A SHARK.
- Simon of the Playa
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Re: EDM industry news
is that bob sillerman in a wig?
i thought he was out hustling money to pay his beatport bills...
i thought he was out hustling money to pay his beatport bills...
Frida Be You & Me
Re: EDM industry news
"It's expensive, you know what I mean? It's like the sounds that I use are not cheap. They're very expensive sounding sounds."
[media]
FUCK YOU, I'M A WIZARD. FUCK YOU, I'M A SHARK.
- Simon of the Playa
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- some seeing eye
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Re: EDM industry news
I'm sure ePlayans are just thrilled to hear that one of the top 5 DJs in the world is playing the DMZ on Nautilus X sometime between Wednesday 10PM and Thursday 9AM.
http://www.tmz.com/videos/0_py439ahh/
http://www.tmz.com/videos/0_py439ahh/
increasing the signal to noise ratio with compassion
- Simon of the Playa
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Re: EDM industry news
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Frida Be You & Me
- some seeing eye
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Re: EDM industry news
Well as with all millionaire DJs, they have an army of sherpas doing the dirty, time consuming, grunt part of DJ work - scouting tracks that no one else has used. Then of course the DJ, or their sherpas, spends hours per minute producing old tracks to new. So we need excellent pay for DJ sherpas, who are knowledgeable about every dance genre and knowledgeable about producing. Extra sherpa credit for producing tracks from scratch.
That DJ has been a little lackadaisical on their Soundcloud: https://soundcloud.com/parishilton.
That DJ has been a little lackadaisical on their Soundcloud: https://soundcloud.com/parishilton.
increasing the signal to noise ratio with compassion
Re: EDM industry news
I hope she brings the foam gun.
FUCK YOU, I'M A WIZARD. FUCK YOU, I'M A SHARK.
- forty_eight
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Re: EDM industry news
the foam guns come at herBless wrote:I hope she brings the foam gun.
badadump tiss
- goathead
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Re: EDM industry news
Simon, did you make it to the trash fence this year for Daft Punk?
[media]
- Lonesomebri
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Re: EDM industry news
[quote="goathead"]Simon, did you make it to the trash fence this year for Daft Punk?
Daft Punk was out at the fence with Camp Threat and The Last Bar on Earth.
Daft Punk was out at the fence with Camp Threat and The Last Bar on Earth.
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Camp THREAT founder. BRCCP core disgruntled member. Burner. Setting fires since 1974. https://www.facebook.com/profile.php?id ... tid=ZbWKwL
"If this is the best of all possible worlds, what are the others?"
- Voltaire
"If this is the best of all possible worlds, what are the others?"
- Voltaire
Re: EDM industry news
[media]
hmmmm... Sandwich Company
FUCK YOU, I'M A WIZARD. FUCK YOU, I'M A SHARK.
- some seeing eye
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Re: EDM industry news
Fuck. That is an actual ad commissioned by the company. They have a whole series of other parody ads for their actual product. This will be an interesting IP issue.
Last edited by some seeing eye on Thu Sep 10, 2015 3:11 pm, edited 1 time in total.
increasing the signal to noise ratio with compassion
- Simon of the Playa
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Re: EDM industry news
sorry bless, but i beat you to the punch by 31 minutes.
you're slipping.
you're slipping.
Frida Be You & Me
Re: EDM industry news
Fuck you, Simon. Fuck you.
I love you and I hate you all at the same time.
I love you and I hate you all at the same time.
FUCK YOU, I'M A WIZARD. FUCK YOU, I'M A SHARK.
- Simon of the Playa
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Re: EDM industry news
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Frida Be You & Me
Re: EDM industry news
Did you catch Bieber at Question Mark, Simon?
FUCK YOU, I'M A WIZARD. FUCK YOU, I'M A SHARK.
- Simon of the Playa
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Re: EDM industry news
Bless wrote:Did you catch Bieber at Question Mark, Simon?
fuck....i'm the one who booked him.
in all seriousness, i did not catch a single set at ANY of the sound camps ALL WEEK....not one.
i hung out at Rat Trap, at 2 & E, helping to get Carl Cox's Hired Grunts Drunk as fuck so they couldnt work....
Frida Be You & Me
- forty_eight
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Re: EDM industry news
I know everyone's ogling over Katy Perry's Segway antics and Susan Sarandon's ode to Timothy Leary... but lost in the commotion is the fact that Paris Hilton didn't make it home this year.
I'm supremely disappointed.
I'm supremely disappointed.
FUCK YOU, I'M A WIZARD. FUCK YOU, I'M A SHARK.
Re: EDM industry news
You're the only one!!! 
"Don't buy ur Burn...........Build ur Burn!"
"If I can't find an answer, I'll create one!!!"
Fuck Im Good Just Ask Me
"If I can't find an answer, I'll create one!!!"
Fuck Im Good Just Ask Me
- Simon of the Playa
- Posts: 22823
- Joined: Thu Sep 06, 2007 6:25 pm
- Burning Since: 1996
- Camp Name: La Guilde des Hashischins
- Location: BRC, Nevada.
- Simon of the Playa
- Posts: 22823
- Joined: Thu Sep 06, 2007 6:25 pm
- Burning Since: 1996
- Camp Name: La Guilde des Hashischins
- Location: BRC, Nevada.
- some seeing eye
- Posts: 4974
- Joined: Tue Sep 09, 2008 12:06 pm
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Re: EDM industry news
From the Thump above:
The @DJmag poll is full of Lance Armstrongs. Who really gives a fuck?
— Sasha
increasing the signal to noise ratio with compassion

